Episode 37: He learned the truth about his property by taking action!
Luc D'Abreau of the Make It Rain: Multifamily Real Estate Investing For Millennials podcast joins True Multifamily to share his lessons learned when he decided to diversify and expand his deals as he evaluates property managers in his multifamily syndications. He also talks about having problems with how a property performed and how he got to the truth when he took specific actions in speaking to the tenants to learn more about the problem areas.
While everything seems to be falling apart, Luc details the importance of looking for the right property manager, one who actually adds value, understands the goals, meticulously checks for improvements, and also takes care of the tenants.